The Biden administration could change the nation’s biofuel blending law next year

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Joe Biden with former US President Barack Obama

According to Reuters, the Biden administration could change the nation’s biofuel blending law next year to offer lucrative credits to electric vehicle manufacturers like Tesla, a major rewrite that the oil industry criticizes as subsidizing the EV industry. The Renewable Fuel Standard, enacted in the mid-2000s, mandates the amount of biofuels like landfill or agricultural methane that oil refiners must blend into the nation’s fuel mix, or buy tradable credits – known as RINs – from those that do.

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The Most Innovative Bioeconomy CEO 2022 is Tom van Aken, CEO Avantium

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Our readers have voted. The most innovative bioeconomy CEO 2022 is Tom van Aken, CEO of Avantium, the Dutch company that is a pioneer in the emerging industry of renewable and sustainable chemistry. Avantium is headquartered in Amsterdam, employing approximately 200 people, with extensive R&D laboratories and three pilot plants in Geleen and Delfzijl, the Netherlands. 

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The 10 Most Innovative Bioeconomy CEOs 2022. Now choose the number 1

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“Bioeconomy in everyday life” @ BioBased World 2015 in Frankfurt am Main

The circular bioeconomy is innovation, the result of the skills and passion of researchers and managers able to create value and new high-qualified jobs, reconciling economy, society and the environment. At the end of 2014 Il Bioeconomista launched a new initiative: The 10 Most Innovative Bioeconomy CEOs.

We have asked a panel of world bioeconomy experts to tell us the Chief Executive Officers that have stood out as the most innovative during the last year.

Now we ask you to choose the most innovative CEO responding to our survey (open till December 13 at 7 am, Western European Time).

The most innovative CEO 2016 was Ken Richards (CEO of Leaf Resources, Australia)

The most innovative CEO 2017 was Tony Duncan (CEO of Circa Group, Australia)

The most innovative CEO 2018 was Jürgen Eck (CEO of BRAIN AG, Germany)

The most innovative CEO 2019 was Alex Michine (CEO of MetGen, Finland)

The most innovative CEO 2020 was Simão Soares (CEO of SilicoLife, Portugal)

The most innovative CEO 2021 was Jennifer Holmgren (CEO of LanzaTech, USA)

This is the result of 2022 (in alphabetical order)

Catia Bastioli, Novamont (Italy)

Dominique Boies, Enerkem (Canada)

Mathieu Flamini, GFBiochemicals (France)

Jennifer Holmgren, LanzaTech (USA)

Philippe Lacamp, SkyNRG (The Netherlands)

Matt Lipscomb, DMC Biotechnologies (USA)

Eric A. McAfee, Aemetis (USA)

Christophe Schilling, Genomatica (USA)

Nicolas Sordet, Afyren (France)

Tom van Aken, Avantium (The Netherlands)

Stora Enso has received regulatory approval from the EU Commission to proceed with the acquisition of De Jong Packaging Group

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Stora Enso has received regulatory approval from the EU Commission to proceed with the acquisition of De Jong Packaging Group, announced in September 2022. Closure of the transaction is still ongoing and expected to be finalised at the beginning of 2023. The Nordic company acquires De Jong Packaging Group, based in the Netherlands, for an enterprise value of approximately EUR 1,020 million. This acquisition will advance Stora Enso’s strategic direction, accelerate revenue growth and build market share in renewable packaging in Europe. De Jong Packaging Group is one of the largest corrugated packaging producers in the Benelux countries. Its product portfolio and geographic presence will complement and enhance Stora Enso’s offering, especially in fresh produce, e-commerce and industrial packaging.

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An exclusive interview with Florent Allais, President of CEBB. “The transition to bio-based products requires the implementation of more coherent regulations”

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“France has been involved and promoted the bioeconomy for a long time, even before the word bioeconomy was used. The effort for supporting valorization of biomass for producing energy chemicals and materials started in the 90’s with a dedicated agency so-called AGRICE”. To say this – in this exclusive interview with Il Bioeconomista – is Florent Allais, President of the Centre Européen de Biotechnologie et de Bioéconomie based in Pomacle. With Prof. Allais we talk about the French and the European bioeconomy, the role of research and technology transfer and the importance of collaborations at European level.

Interview by Mario Bonaccorso

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LanzaTech and Sumitomo Riko joined forces to create substitute for natural rubber production

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Jennifer Holmgren, CEO LanzaTech, at IFIB 2019 in Naples

LanzaTech and Sumitomo Riko Company Limited entered into a joint-development agreement to reuse rubber, resin and urethane waste for the production of a key chemical intermediate, isoprene. Isoprene is produced by plants, and along with its polymers, is the main component of natural rubber. Natural rubber is widely regarded as more eco-friendly than synthetic rubber from virgin fossil inputs, but without strong sustainability certification and audits, the impact of harvesting natural rubber from trees has been linked in some cases to deforestation, biodiversity loss and soil erosion. In addition, much like other agriculturally based industries, climate change and disease can severely impact production. 

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Basf presented its current research projects and examples of innovation in the circular bioeconomy

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Headquarter of Basf in Ludwigshafen

German chemical giant Basf presented its current research projects and examples of innovation for various value chain steps. The event focused on technologies where microorganisms contribute to greater sustainability. Our researchers worldwide are working on innovative solutions to tap alternative raw material sources and to develop climate-friendly production processes and products, said Melanie Maas-Brunner, member of the Board of Executive Directors of Basf SE and Chief Technology Officer.

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Science Based Targets initiative validates DSM’s ambition to reduce direct greenhouse gas emissions as 1.5°C aligned

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Headquarter of Royal DSM in Heerlen (The Netherlands)

Royal DSM, a global purpose-led science-based company, confirms that its target to cut scope 1 and 2 greenhouse gas (GHG) emissions has been determined to be in line with the latest climate science and in keeping global warming to no more than 1.5°C by the Science Based Targets initiative (SBTi).

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Neste to acquire used cooking oil collection and aggregation business from Crimson Renewable Energy in the US

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Neste’s headquarter in Espoo, Finland

Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel produced from waste and residue raw materials, has agreed to acquire the used cooking oil (UCO) collection and aggregation business and related assets in the United States from Crimson Renewable Energy Holdings, LLC. The transaction includes shares in SeQuential Environmental Services, LLC, and Pure, LLC, as well as a UCO processing plant in Salem, Oregon. The transaction is subject to the fulfillment of customary closing conditions and regulatory approval.

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Embraced, a step forward for a Circular Bioeconomy in Europe

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Horizon 2020 Embraced Project was protagonist at Ecomondo in Rimini last week. Hosted and organised by Novamont, the event offered the opportunity to present to a selected public made of stakeholders, professionals and policymakers the final achievements of this project started in June 2017.

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